Options on Euro-Bobl Futures (OGBM)

  • Bloomberg L.P.
    OEA Cmdty OMON
  • ComStock
    <17>l,OGBM\myssssss
  • CQG
    DL
  • FIDES Information Services
    O,FGBM
  • SIX Financial Information Ltd
    OGBM
  • Thomson Financial
    OGBM/O.EX*
  • thomsonreuters
    <0#OGBM++>
  • vwd
    6011-6020
  • Currency
    EUR
  • Product ISIN
    DE0009652693
  • Underlying ISIN
    DE0009652651

Statistics

Last update:Dec 04, 2021 12:00:00 AM

Traded contracts:
26,403
Open interest (adj.):
357,434
Product type:
O
Stock exchange:
n/a
Underlying closing price:
0.00
Product name Contract type Expiry Traded contracts Put/Call ratio Open interest Open interest (adj.) Strike price range Strike price series
OGBM Jan 22 5,943 8.143 135,731 132,785 129/139.5 43
CALL Jan 22 650 32,227 31,930
PUT Jan 22 5,293 103,504 100,855
OGBM Feb 22 20,460 1.050 234,650 223,990 129/139.5 43
CALL Feb 22 9,980 77,195 74,015
PUT Feb 22 10,480 157,455 149,975
OGBM Mar 22 0 n/a 659 659 128/146 54
CALL Mar 22 0 659 659
PUT Mar 22 0 0 0
OGBM Jun 22 0 n/a 0 0 130/140.5 43
CALL Jun 22 0 0 0
PUT Jun 22 0 0 0
Total 26,403 1.484 371,040 357,434
Call 10,630 110,081 106,604
Put 15,773 260,959 250,830

Prices/Quotes

Last trade: Dec 03, 2021 5:55:08 PM

Strike price Vers. num. Opening price High Low Bid price Bid vol Ask price Ask vol Diff. to prev. day last Last price Date Time Daily settlem. price Traded contracts Open interest (adj.) Open interest date Last trading day
139.50 0 n.a. n.a. n.a. n.a. n.a. 0.010 n.a. +0.00% 0.005 12/03/2021 17:55:08 0.005 0 0 11/30/2021 n.a.
139.25 0 n.a. n.a. n.a. n.a. n.a. 0.015 n.a. +0.00% 0.005 12/03/2021 17:55:08 0.005 0 0 11/04/2021 n.a.
139.00 0 n.a. n.a. n.a. n.a. n.a. 0.015 n.a. +0.00% 0.005 12/03/2021 17:55:08 0.005 0 0 05/24/2021 n.a.
138.75 0 n.a. n.a. n.a. n.a. n.a. 0.015 n.a. +0.00% 0.005 12/03/2021 17:55:08 0.005 0 0 11/22/2021 n.a.
138.50 0 n.a. n.a. n.a. n.a. n.a. 0.015 n.a. +0.00% 0.005 12/03/2021 17:55:08 0.005 0 0 05/24/2021 n.a.
138.25 0 n.a. n.a. n.a. n.a. n.a. 0.015 n.a. +0.00% 0.005 12/03/2021 17:55:08 0.005 0 0 05/24/2021 n.a.
138.00 0 n.a. n.a. n.a. n.a. n.a. 0.015 n.a. +0.00% 0.005 12/03/2021 17:55:08 0.005 0 0 05/24/2021 n.a.
137.75 0 n.a. n.a. n.a. n.a. n.a. 0.015 n.a. +0.00% 0.005 12/03/2021 17:55:08 0.005 0 0 11/22/2021 n.a.
137.50 0 n.a. n.a. n.a. n.a. n.a. 0.015 n.a. +0.00% 0.005 12/03/2021 17:55:08 0.005 0 0 05/24/2021 n.a.
137.25 0 n.a. n.a. n.a. 0.005 n.a. 0.015 n.a. +0.00% 0.005 12/03/2021 17:55:08 0.005 0 0 11/22/2021 n.a.
137.00 0 n.a. n.a. n.a. n.a. n.a. 0.015 n.a. +0.00% 0.005 12/03/2021 17:55:08 0.005 0 0 11/22/2021 n.a.
136.75 0 n.a. n.a. n.a. 0.005 n.a. 0.020 n.a. +0.00% 0.005 12/03/2021 17:55:08 0.005 0 0 11/22/2021 n.a.
136.50 0 n.a. n.a. n.a. n.a. n.a. 0.020 n.a. +0.00% 0.005 12/03/2021 17:55:08 0.005 0 0 11/22/2021 n.a.
136.25 0 n.a. n.a. n.a. 0.005 n.a. 0.025 n.a. +100.00% 0.010 12/03/2021 17:55:08 0.010 0 0 11/22/2021 n.a.
136.00 0 n.a. n.a. n.a. 0.010 n.a. 0.030 n.a. +0.00% 0.015 12/03/2021 17:55:08 0.015 0 0 11/22/2021 n.a.
135.75 0 n.a. n.a. n.a. 0.015 n.a. 0.035 n.a. +150.00% 0.025 12/03/2021 17:55:08 0.025 0 0 11/22/2021 n.a.
135.50 0 n.a. n.a. n.a. 0.030 n.a. 0.050 n.a. +100.00% 0.040 12/03/2021 17:55:08 0.040 0 1,350 11/30/2021 n.a.
135.25 0 n.a. n.a. n.a. 0.055 n.a. 0.075 n.a. -27.78% 0.065 12/03/2021 17:55:08 0.065 0 1,191 12/01/2021 n.a.
135.00 0 n.a. n.a. n.a. 0.090 n.a. 0.115 n.a. -30.00% 0.105 12/03/2021 17:55:08 0.105 0 3,385 11/26/2021 n.a.
134.75 0 n.a. n.a. n.a. 0.145 n.a. 0.185 n.a. -19.05% 0.170 12/03/2021 17:55:08 0.170 200 11,600 12/02/2021 n.a.
134.50 0 n.a. n.a. n.a. 0.240 n.a. 0.285 n.a. +62.50% 0.260 12/03/2021 17:55:08 0.260 350 3,422 12/01/2021 n.a.
134.25 0 n.a. n.a. n.a. 0.355 n.a. 0.415 n.a. -17.20% 0.385 12/03/2021 17:55:08 0.385 100 3,013 12/02/2021 n.a.
134.00 0 n.a. n.a. n.a. 0.505 n.a. 0.575 n.a. -21.32% 0.535 12/03/2021 17:55:08 0.535 0 2,270 12/03/2021 n.a.
133.75 0 n.a. n.a. n.a. 0.680 n.a. 0.750 n.a. -19.32% 0.710 12/03/2021 17:55:08 0.710 0 2,300 12/02/2021 n.a.
133.50 0 n.a. n.a. n.a. 0.875 n.a. 0.945 n.a. +38.17% 0.905 12/03/2021 17:55:08 0.905 0 2,534 11/24/2021 n.a.
133.25 0 n.a. n.a. n.a. 1.085 n.a. 1.155 n.a. -14.83% 1.120 12/03/2021 17:55:08 1.120 0 0 05/24/2021 n.a.
133.00 0 n.a. n.a. n.a. 1.285 n.a. 1.395 n.a. +28.23% 1.340 12/03/2021 17:55:08 1.340 0 865 11/22/2021 n.a.
132.75 0 n.a. n.a. n.a. 1.515 n.a. 1.630 n.a. -12.01% 1.575 12/03/2021 17:55:08 1.575 0 0 05/24/2021 n.a.
132.50 0 n.a. n.a. n.a. 1.745 n.a. 1.870 n.a. -10.84% 1.810 12/03/2021 17:55:08 1.810 0 0 05/24/2021 n.a.
132.25 0 n.a. n.a. n.a. 1.985 n.a. 2.110 n.a. -9.89% 2.050 12/03/2021 17:55:08 2.050 0 0 11/22/2021 n.a.
132.00 0 n.a. n.a. n.a. 2.225 n.a. 2.355 n.a. -8.93% 2.295 12/03/2021 17:55:08 2.295 0 0 05/24/2021 n.a.
131.75 0 n.a. n.a. n.a. 2.470 n.a. 2.605 n.a. +15.72% 2.540 12/03/2021 17:55:08 2.540 0 0 05/24/2021 n.a.
131.50 0 n.a. n.a. n.a. 2.720 n.a. 2.850 n.a. +14.34% 2.790 12/03/2021 17:55:08 2.790 0 0 05/24/2021 n.a.
131.25 0 n.a. n.a. n.a. 2.965 n.a. 3.100 n.a. -7.04% 3.035 12/03/2021 17:55:08 3.035 0 0 05/24/2021 n.a.
131.00 0 n.a. n.a. n.a. 3.215 n.a. 3.345 n.a. +11.93% 3.285 12/03/2021 17:55:08 3.285 0 0 05/24/2021 n.a.
130.75 0 n.a. n.a. n.a. 3.460 n.a. 3.595 n.a. -6.11% 3.535 12/03/2021 17:55:08 3.535 0 0 09/02/2021 n.a.
130.50 0 n.a. n.a. n.a. 3.710 n.a. 3.845 n.a. -5.85% 3.780 12/03/2021 17:55:08 3.780 0 0 09/09/2021 n.a.
130.25 0 n.a. n.a. n.a. 3.960 n.a. 4.095 n.a. -5.40% 4.030 12/03/2021 17:55:08 4.030 0 0 09/20/2021 n.a.
130.00 0 n.a. n.a. n.a. 4.210 n.a. 4.345 n.a. -5.10% 4.280 12/03/2021 17:55:08 4.280 0 0 09/27/2021 n.a.
129.75 0 n.a. n.a. n.a. 4.460 n.a. 4.595 n.a. -4.83% 4.530 12/03/2021 17:55:08 4.530 0 0 10/12/2021 n.a.
129.50 0 n.a. n.a. n.a. 4.710 n.a. 4.845 n.a. +8.02% 4.780 12/03/2021 17:55:08 4.780 0 0 10/13/2021 n.a.
129.00 0 n.a. n.a. n.a. 5.205 n.a. 5.345 n.a. +0.76% 5.280 12/03/2021 17:55:08 5.280 0 0 12/03/2021 n.a.
Total 650 31,930

Specifications

Contract Specifications

Contract standards

Futures on notional short-, medium- or long-term debt instruments issued by the Federal Republic of Germany, the French Republic and the Republic of Italy with remaining terms and a coupon of:

Contract

Options on
Product IDUnderlyingRemaining term of the underlying Coupon

Percent

Euro-Schatz Futures

OGBS

Euro-Schatz Futures

1.75 to 2.25 years

6

Euro-Bobl Futures

OGBM

Euro-Bobl Futures

4.5 to 5.5 years

6

Euro-Bund Futures

OGBL

Euro-Bund Futures

8.5 to 10.5 years

6

Euro-Buxl® Futures

OGBX

Euro-Buxl® Futures

24.0 to 35.0 years

4

Euro-OAT Futures

OOAT

Euro-OAT Futures

8.5 to 10.5 years

6

Euro-BTP Futures

OBTP

Euro-BTP Futures

8.5 to 11 years

6


Contract size

One fixed income futures contract.


Settlement

The exercise of an option on fixed income futures results in the creation of a corresponding position in the fixed income futures for the option buyer as well as the seller to whom the exercise is assigned. The position is established after the Post-Trading Full Period of the exercise day, and is based on the agreed exercise price.


Price quotation and minimum price change
Price quotation is based on points.

Options onMinimum price change
PointsValue

Euro-Schatz Futures

0.005

EUR 5

Euro-Bobl Futures

0.005

EUR 5

Euro-Bund Futures

0.01

EUR 10

Euro-Buxl® Futures

0.02

EUR 20

Euro-OAT Futures

0.01

EUR 10

Euro-BTP Futures

0.01

EUR 10


Contract months

Up to 6 months:The three nearest successive calendar months, as well as the following quarterly month of the March, June, September and December cycle thereafter.

Calendar months: The maturity month of the underlying futures contract is the quarterly month following the expiration month of the option.

Quarterly months: The maturity month of the underlying futures contract and the expiration month of the option are identical.


Last trading day

Last trading day is the last Friday prior to the first calendar day of the option expiration month, followed by at least two exchange days prior to the first calendar day of the option expiration month.

Unless at least two exchange days lie between the last Friday of a month and the first calendar day of the expiration month, the last trading day is the Friday preceding the last Friday. If this Friday is not an exchange day, the exchange day immediately preceding that Friday is the last trading day. An exchange day within the meaning of this exception is a day, which is both an exchange day at the Eurex Exchanges and a federal workday in the U.S.

Close of trading in all option series on the Last trading day is at 17:15 CET.


Daily settlement price

The daily settlement price is established by Eurex. The daily settlement prices for options on fixed income futures are determined trough the binomial model according to Cox/Ross/Rubinstein.


Exercise

American-style; an option can be exercised until the end of the Post-Trading Full Period (18:30 CET, on the last trading day 18:00 CET) on any exchange day during the lifetime of the option. 


Exercise prices

Options onExercise intervals
Points

Euro-Schatz Futures

0.1

Euro-Bobl Futures

0.25

Euro-Bund Futures

0.50

Euro-Buxl® Futures

1.00

Euro-OAT Futures

0.25

Euro-BTP Futures

0.50


Number of exercise prices

Upon the admission of the options, at least nine exercise prices shall be made available for each term for each call and put, such that four exercise prices are in-the-money, one is at-the-money and four are out of-the-money.


Option premium

The premium is settled using the futures-style method.


Options on Fixed Income Futures are available for trading in the U.S.

Block Trades

Admitted to the Eurex Block Trade Service with a Minimum Block Trade Size of 250 contracts.

Market-Making Parameter

All quotation parameters at a glance

  • Quotation period
  • Maturity range
  • Spread class & Maximum Spread
  • Minimum Quote Size
Liquidity Provider schemes

Mistrade Parameter

This file provides an overview of mistrade ranges for Options and Futures including information on their behavior close to expiration and in stressed markets.
 

Mistrade Ranges

Crossing Parameters

(section 2.6 Eurex Trading Conditions)

(1) Orders and quotes relating to the same instrument or combined instrument may, in case they could immediately be executed against each other, neither be entered knowingly by an Exchange Participant (a cross trade) nor pursuant to a prior understanding by two different Exchange Participants (a pre-arranged trade), unless the conditions according to Paragraph 3 have been fulfilled. The same shall apply for the entry of orders as part of a quote.

(2) An Exchange Participant may submit a description of his internal and external links to the EDP system of Eurex Deutschland to the Market Surveillance Office of Eurex Deutschland with a view to a decision on whether the Exchange Participant acted knowingly within the meaning of Paragraph 1. The details of the specifications of the description of the IT linkage pursuant to Sentence 1 shall be determined by the Surveillance Office of Eurex Deutschland in agreement with the Management Board of Eurex Deutschland.

(3) A cross trade or a pre-arranged trade is admissible if a participant in a cross-trade or a pre-arranged trade, prior to entering his order or quote into the EDP system of Eurex Deutschland, announces his intention to execute a corresponding number of contracts as cross-trades or pre-arranged trades in the order book (“cross request”). The order or quote giving rise to the cross trade or pre-arranged trade must be entered one second at the earliest and 61 seconds at the latest with regard to Money Market Futures contracts, Fixed Income Futures contracts, options on Money Market Futures contracts and options on Fixed Income Futures contracts, respectively 31 seconds at the latest with regard to all other futures and option contracts after having entered the cross request. The purchasing Exchange Participant shall bear the responsibility for compliance with the content of the cross request entry. Entering a cross request without subsequently entering the respective order or quote is not admissible.

(4) Paragraphs 1 and 3 shall not apply to transactions consummated during the netting process in an auction (Number 1.4 Paragraphs 2 and Paragraph 3).

(5) Paragraph 1 shall apply mutatis mutandis to other behaviour constituting evasion of this regulation.

Trading Hours

Regular Trading Day
Pre-Trading Trading Post-Trading
Full Late1 Late2 Restricted
07:30 08:00 17:15 18:30
Last Trading Day
Pre-Trading Trading Post-Trading
Full Late1 Late2 Restricted
07:30 08:00 17:15 17:45 18:00

Transaction Fees

Fee Type Fee
Exchange transactions: Standard fees (A-accounts) EUR 0.22 per contract
Exchange transactions: Standard fees (M- and P-accounts) EUR 0.20 per contract
Exchange transactions: Reduced fees A-accounts (contract volume above threshold) EUR 0.11 per contract
Exchange transactions: Reduced fees P-accounts (contract volume above threshold) EUR 0.10 per contract
TES transactions: Standard fees (A-accounts) EUR 0.24 per contract
Eurex EnLight: Standard fees (A-accounts) EUR 0.23 per contract
TES transactions / Eurex EnLight: Standard fees (M- and P-accounts) EUR 0.20 per contract
TES transactions / Eurex EnLight: Reduced fees A-accounts (contract volume above threshold) EUR 0.12 per contract
TES transactions / Eurex EnLight: Reduced fees P-accounts (contract volume above threshold) EUR 0.10 per contract
Threshold A-accounts 7,500.00 contracts
Threshold P-accounts 7,500.00 contracts
Position Closing Adjustments (A-accounts) EUR 0.44 per contract
Position Closing Adjustments (M- and P-accounts) EUR 0.40 per contract
Exercise of options (A-accounts) EUR 0.22 per contract
Exercise of options (M- and P-accounts) EUR 0.20 per contract
Assignment of options (A-accounts) EUR 0.22 per contract
Assignment of options (M- and P-accounts) EUR 0.20 per contract
Position transfer with cash transfer EUR 7.50 per transaction

Market Status

XEUR

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